tv Business - News Deutsche Welle January 27, 2023 12:15am-12:31am CET
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i said it will also resonate with young audiences like this one is simply played, not just carrying it around, but around the world to help keep the memory of the holocaust alive for future generations. rob boss, who's here with this update in just a moment, and don't forget that's more news and analysis on our 5 d, w dot com. you can also follow us from fortunate media. i did help you with i'm themselves as well. thanks for watching. giving you a new tag, a this visual hotspots in germany, europe and the world d. w. travel extremely wherein. mm hm. with
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ah, ah, us economic growth is slow is in the last quarter, but the latest figures still provide a positive surprise. we'll ask if america can dodge a recession, staying in the state. so we'll take it in nevada, where the race to mind, lithium has ignited a legal battle between indigenous people and the federal government. and we're also off too. and if they like australian ivan to see how the pandemic lead to the discovery of
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a touristic hitting gem to state of your business on robots in berlin. welcome to the program. u. s. economic growth slowed during the 4th quarter of 2022. according to the latest government estimate, g, d p expanded by 2.9 percent at an annual rate just down from the 3.2 percent posted the previous 3 months. nevertheless, the figures still outstripped unless expectations, thanks to high a consumer spending and exports. according to the commerce department, it's been, he has however, expected to ease as households try to cope with inflation. economies say the u. s, we need to maintain a strong labor market. if it is to stave off the risk of recession, but it's cost over to the states and to wall street and our financial correspondent, sabrina kessler suppresses sabrina. sorry. so i'm database of passing expectations . why? well, you shouldn't forget, we're talking about the final quater alpha loss here on the make. on the days
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chopping season, where consumers have already always been spending a lot of money. so yet we did have a decline in consumption in december, mainly due to inflation. but overall it has been, yeah, the consumer ruled up a pretty remarkably, and it's still pretty resilient. i mean, we still had some trade slash inventory contributions. we had some better government spending. and as you said, the labor market is still strong, but overall it's yeah, the american consumer who by the way, attribute 70 percent to. c at the american g, d p as the backend of 2022 sorta now 2023, and this recession is a coming, or is it not a re getting a any sort of light on that? well, i mean it's, yeah, pretty unclear how deep that recession is going to be a be about. it's quite like me that we're going to see an economic slowdown, at least in the 1st 2 quarter. now if you speak to analysts to economics,
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they say that we've just, yeah, probably see a mild recession. if we have a look at forecasts at data and it's not going to be that big, we probably see g d p growth of point 5 percent. now, what's the reason for it? yeah, we definitely have an environment of rising interest rates. we see facts on housing . we see effects on corporate profits and on certain investments. but in the end, as i said, it all comes down how the consumer behaves year in you as and as we saw right away yet with earning some of mastercard and visa credit card spending, end consumer spending overall is still going strong. sabrina casper, the new york stock exchange for us, thanks very much. staying in the us on the government in washington is in the middle of an ambitious push towards green energy. a key part of the plan involves switching to electric ability. but the lithium needed for evie batteries is still in short supply at present. there's only one operating mind in the country and
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plans for new operations at the faca passes. it's going in the state of nevada have ignited a legal battle between indigenous people and the federal government are put stuff on st. simons visited the potential site. ah, believe it or not, this is the only major operation on your mind. indeed. so the peak mind in nevada silva peak is a so called growing mind. the film is drawn and extracted from brian that isn't a ground war. this involves a network of $22.00 con, spending 21 square miles and takes 18 to 24 months. at the end, there is lithium or white gold, as they call the wagon, get up to you, you know, between upwards of a 1000 matter times an annual production. $8000.00 metric tons of lithium per year . su, sounds like a lot. it is not. in fact, it will be less than what was the demand for lithium in the u. s. 3 years ago in
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2020 air go the u. s. as a lithium problem. just about 50 miles from the bad us northern border with oregon thick. a pass is supposed to be the future side of a massive lithium, open pit mine and process facility spending at least 8000 acres or 7300 factors. it is believed to hold the largest this im deposit in the united states. not only do we need this project for national security purposes, but we need it for the environment. so we're, we're committed to doing it right. we're moving forward with preparing for construction. it. however, 2nd, paris is not only the traditional homeland but also sacred ground for the indigenous nations of the war. she shook paiute and decision at least 2 tribes by the lawsuit that ends of stopping the project. and spec appears completely that the people know that mining does it also just bring jobs,
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but it also brings annihilation to homelands and will, will annihilate indigenous peoples way of life. there are also none indigenous people who have concerns about lithium mining attack a pass q max wilbert, for him a member of deep green resistance, an environmental group that some brand as radical. the idea of mining and take a pass is fundamentally wrong, no matter what. going up, the mountain isn't green, and blowing up a sacred site isn't right. there's nothing more to it. i here is where different worlds used cars and a court decision about the pending lawsuit against the mining project is expected to be issued soon. simons, reporting from nevada,
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that now to some of the other global business stories making the news german software giant. s a p is to cut $3000.00 jobs that's 2 and a half percent of the company's labor workforce. the company says it wants to cut costs to focus on its cloud business and is considering selling its remaining stake in us software make qualtrics. it follows a mass mass laos at google, amazon, and microsoft. germany's economy minister robert harbor says nearly 2000000 jobs need to be filled in the country, i think is significantly higher than the 800000 vacancies, released by the federal statistical office. the government says it wants to change laws to address the lack of work. and british annual cash reduction has dropped to the lowest level since 1956 that due to global shortages of semiconductors, which are limited capacity to make cars at all. you case, biggest foreign earned auto manufacturers made 775000 vehicles in 2021,
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41 percent fewer than the previous year. many parts of the world, food costs are continuing to climb. but once even market in southern france has found a way to begin reducing its prices, the community and marci has turned to a tried and tested concepts that many thought it had its day. if you want to shop here, you have to be a member of a super catholic cooperative, which boasts more than $1250.00 customers so far. but before you can buy leaks or fruit, you have to buy cooperative shares. once you purchase 10 units for 10 euros each, your membership is valid for life. for people with lower incomes, it costs less. the other requirement is working there just 3 hours a month from us samples on the server. for me, it's important to know that my purchase does not contribute to an ultra capitalist system with shareholders and everything else. that's important to me. come in and put on for more. but at the same time, i want to drink
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a good coffee every day. and there's some here and the prices, i don't remember exactly how much it would cost in a supermarket. yes, but i assure you it's less here. net which was as focusing more 2 and a half 1000 items are already on sale. the goal is to have twice as many and to attract even more customers. the shop will need them if it's to be economical. but the focus here is not on profits. it's on social aspects, quality and regional cooperation, c o c and fit that model. come on so it could not, it's also of model of how we would like our society to be equal above a t in a cooperative friendly way. oh, well, more place it to show that it's possible to do things together. i've been logged on to co exist with everyone getting something out of it more so than 112. so including the producers, for example, a male fit. we will never put pressure on growers to get the lowest possible price
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by placebo. so it's particularly satisfying being a customer co owner and employ all at the same time. and it has an advantage. if you have a complaint, you know how to find the manager. now because your mind back to the height of the current of ours pandemic, many of us were limited and where we could go as a result, lots of people chose to explore the own country rather than holiday abroad in them . and the discovery of local hidden gems that have now become established tourist destinations. even now that the restrictions along con long beaches, warm water and the pleasant climate. for many australians, great capital island of the countries east coast is paradise. it became a popular get her way during the pandemic mol trillions than ever before. came to the small island with all the complications of it, and obviously all the sadness that surrounded covered after the initial 7 weeks
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locked down. within coins land, we did very, very well and we had this year and there was a really, those are, those are gone lining there for us and, and people who were getting a bit of kevin favor could get out and get away. well, only small huts on the great capital islands. it's located at the southern end of the great barrier reef. here you can dies and enjoy the magnificent i know water world. i think you so much for history series and it's great. and for us, it's the opportunity finally to say, are in country really, really thoroughly. and full highly amazing country. and this means good business for stores and restaurants. a lot of queensland to see came in to explore their own state. we saw implicitly been coming back,
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which is great. they bring their friends, they're not going to body. they're not going to thailand. they're saying, hey, we've got beautiful islands here in australia. let's support local. many people here hope that the flow of australian tourists will continue. now, even after the pandemic, that's all for me in the business team handling from all had to data we dot com slash business with conflict zone with garage banner g belittles has to hold in russia since the start of the war in ukraine. what is the support to be sent to escalate into something more active from up to be our ciocca. these chief political advisor to bela lucian, opposition, meta trip lamasta's. he kind of sky up. she claims to be the national leader of bella luce, but told him that intimate is her claim. color plate on
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d. w. k got a past week of matches as the 1st half of the buddhist legacy. when draws to a close, cologne holds its ground against by en. wow, chalka and head to berlin suffer heavy losses. munoz berlin, on the other hand, continues to thor. kick off 60 minutes on d, w. o. a b. currently, more people than ever on the news worldwide in such a better life. one of us and so it's as a committee,
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god goes. yeah. actually the man. yeah. is it a mac or a god bagley or for condense to okay to stay? nanda, ah donation one back sitting on the find out about robina story in some likely reliable news for migraines. wherever they may be bellowed also supported russia since the start of the war in ukraine. it's provided weapons, military bases, and logistical support. but is that support set to escalate into something more active in the literature cited? there is a consensus that we don't support this war. the bill of our mission not participate and also fails. also understands that if he sent out the restrict the crate, they can defect, they can turn arms against him. that's from my guess debate from mark we are ciocca
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